Banks down sharply for second day

Financials are the worst-performing sector for a second straight day. Big banks see more losses as the foreclosure investigation continues. See full story.

Long-term Treasurys edge down after Bernanke

Long-term U.S. Treasury prices turn lower Friday, pushing yields up, after Federal Reserve Chairman Ben Bernanke says there was a “case for further action” on the monetary policy, along with data on inflation and retail sales. See full story.

U.S. stocks drop on bank worries, sentiment

Stocks loose early gains Friday morning, led by the financial sector following disappointing results at General Electric’s financial unit while weakening consumer sentiment also weighs. See full story.

European shares push higher after Bernanke

European shares push higher in the final session of the week following a speech by Federal Reserve Chairman Ben Bernanke, with retailers in focus after trading updates from Carrefour and Hennes & Mauritz. See full story.

Asian markets mostly lower, but Shanghai soars

Stocks in Asia decline on exporters and commodity producers. See full story.

If President Barack Obama and the Democrats want to know why they are still struggling politically this fall, they need look no further than the latest dismal jobs report, writes Brett Arends. See full story.

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